Board of Education of Central School District No. 1 of the Towns of Niagara, Wheatfield, Lewiston and Cambria…

Summary

The New York Court of Appeals held that an arbitrator’s award of speculative compensatory damages is not punitive and therefore enforceable, and that interest accrues on such award from the date of the arbitrator’s decision. Accordingly, the Court reversed the Appellate Division and confirmed the award in full.